Continuing Education for Brokers

The specific requirements may vary by state, but generally, mortgage brokers are required to complete a minimum number of hours in approved continuing education courses every year or every two years. These courses often cover topics such as ethics, federal law and regulations, loan origination, and mortgage products.

Continuing education is crucial because it helps ensure that mortgage brokers stay up-to-date with the latest laws, regulations, and industry trends. This not only improves their professional competence but also enables them to provide the best possible service to their clients.

You can usually find a list of approved providers on your states licensing board or commissions website. Alternatively, you could also consider taking online courses from accredited institutions like the Mortgage Bankers Association or other recognized online platforms specializing in real estate and finance education.